Futures Down, McDonald’s Rising on Sales

By Sam Mamudi

Stock futures were down Monday as the U.S. gears up for another week’s trading.

Shares of McDonald’s Corp. (MCD) were up more than 2% after the fast-food chain surprised analysts by announcing November same-store sales growth of 2.4% globally, and 2.5% in the U.S. Well, the figures surprised most analysts, who on average were expecting global growth of 0.2% — as we wrote on Friday, Mark Kalinowski at Janney Capital Markets saw the beat coming, though even he didn’t predict such a large figure.

Diamond Foods Inc. (DMND) is seeing its stock drop 6% after it reported a quarterly loss in part thanks to charges from an accounting-scandal investigation and a plant closure, according to Dow Jones Newswires.

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